Nepalese Rupee (NPR) Exchange Rates on 26th May 2015 (26/05/2015)

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Exchange rates for Nepalese Rupee (NPR)

Updated: 2015-05-26
Convert from Convert to 1 NPR Conversion in currency Conversion
NPR GBP 0.0063 NPR to GBP 158.1823 GBP to NPR
NPR BGN 0.0156 NPR to BGN 64.2654 BGN to NPR
NPR HRK 0.0605 NPR to HRK 16.5364 HRK to NPR
NPR CZK 0.219 NPR to CZK 4.5663 CZK to NPR
NPR DKK 0.0591 NPR to DKK 16.9343 DKK to NPR
NPR EEK 0 NPR to EEK 0 EEK to NPR
NPR HUF 2.4927 NPR to HUF 0.4012 HUF to NPR
NPR KZT 1.8658 NPR to KZT 0.536 KZT to NPR
NPR LVL 0.0056 NPR to LVL 179.4149 LVL to NPR
NPR LTL 0.0274 NPR to LTL 36.5053 LTL to NPR
NPR MKD 0.487 NPR to MKD 2.0532 MKD to NPR
NPR MDL 0.1466 NPR to MDL 6.8216 MDL to NPR
NPR NOK 0.0654 NPR to NOK 15.2867 NOK to NPR
NPR PLN 0.0333 NPR to PLN 30.0313 PLN to NPR
NPR RON 0.035 NPR to RON 28.5315 RON to NPR
NPR RUB 0.385 NPR to RUB 2.5974 RUB to NPR
NPR SKK 0 NPR to SKK 0 SKK to NPR
NPR SEK 0.0731 NPR to SEK 13.6792 SEK to NPR
NPR CHF 0.0096 NPR to CHF 104.2219 CHF to NPR
NPR TRY 0.0226 NPR to TRY 44.3106 TRY to NPR
NPR UAH 0.1331 NPR to UAH 7.5152 UAH to NPR



Nepalese Rupee (NPR)

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1 Nepalese Rupee is subdivided into 100 paise.

The official currency of Nepal is the Nepalese rupee. The rupee is noted by the symbol NPR and is tied to the Indian rupee at 5/8 its value. Those traveling to Nepal and expecting to do currency exchanges should understand that there are differences in the rates charged for this service. There are currently three main rates of exchange. The highest is the Rastra Bank Rate which is the rate set by Nepalís government bank. Private banks also have a set rate for currency exchange which are a bit lower than the official government bank but still legal transactions. The black market rate is the cheapest but is illegal. These are currency exchanges that are done by travel agents and carpet shops. Changing money legally will get you a Foreign Exchange Encashment Receipt which will show you exactly the amount of money that you have exchanged. Changing money can be difficult in some areas so it is best to change the entire amount that you will need when visiting certain areas of the country.

Coins used:
1, 5, 10, 25, 50 paisa, Re. 1, Rs. 2, Rs. 5, Rs. 10

Banknotes used:
-frequently Rs. 5, Rs. 10, Rs. 20, Rs. 25 Rs. 50, Rs. 100, Rs. 500, Rs. 1000
-rarely Rs. 1, Rs. 2

Central Bank
Nepal Rastra Bank
http://www.nrb.org.npna
The Nepalese rupee is divided into 100 paisa. Coins are distributed in denominations of 1, 2, 5 and 10 rupees. Banknotes are issued in denominations of 1, 2, 5, 10, 20, 25, 50, 100, 500 and 1,000 rupees. Getting change for a 1,000 rupee banknote can be difficult in smaller areas so visitors should ensure that they have smaller notes in hand when traveling far outside major cities.

Most establishments in Nepal will accept the US Dollar as well as pounds sterling and the euro as form of payment. The Indian rupee is also accepted widely although the INR$500 and INR$1,000 notes are no longer accepted anywhere in the country due to forgery. Official currency exchange rates are set by the Rastra Bank of Nepal and are provided in daily newspapers.

Visitors can also exchange money at the airport terminals. All major terminals offer exchange counters and banks or moneychangers at border crossings. Travelersí checks can be difficult to cash even in the larger cities but credit cards are accepted in most places. The best private banks for currency exchanges are the Himalaya Bank Nepal Ltd and the Standard Chartered Bank. Many hotels and resorts offer legal money exchange as well and several provide lower rates than private banks or government institutions.

When exchanging currency visitors will need to provide a passport. It is important to keep receipts from currency exchanges in order to exchange rupees back into hard currency when leaving the country. Most moneychangers will offer currency exchanges back into hard currency without a receipt.

Other References
Wikipedia article on Nepalese Rupee
XE.com Live Currency Converter for NPR

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